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  1. Robert Morse

    Is it better to switch brokers?

    That's a new one on me. What does that mean?
  2. Robert Morse

    Retrieve IB's option model price

    Silexx has three versions. $200/month (Basic), $400/month(Pro) and $600/month if you add the API. We own the Lightspeed Trader and the Sterling Trader Pro, so we can subsidize them. We don't cover the cost of platforms where we have to pay for them, we pass all costs to our clients but offer...
  3. Robert Morse

    Option Trading Tools

    Smile, I noticed you sent me a PM, then deleted it. Any thread with rmorse, I might not see now that I changed my member name to Robert Morse. I can check with our LiveVol X expert tomorrow if you like. LiveVol X at this time, is only available with an account at Interactive Brokers through us...
  4. Robert Morse

    OPG order

    THis is what I expect is true. The opening sale on trading platforms is typically the 1st sale, not necessary the primary. It is possible for an ECN to open a fraction of a second earlier than the primary. They don't have to wait. I can only tell you that the opening quote on the primary is...
  5. Robert Morse

    OPG order

    Each company is listed on an exchange. That is the primary. Eg GE and IBM are listed on the NYSE. AAPL and CSCO are listed on the Nasdaq, that is their primary exchange.
  6. Robert Morse

    OPG order

    You have to ask Optionhouse where their OPG orders go and why they are different. I also can't tell you that Yahoo is the best source to see what the opening was on the primary. I don't know if they list the first trade or the primary as the opening.
  7. Robert Morse

    Why was the OPG strategy only done on NYSE?

    You might be right, but I would check with the NYSE before I send in a MOO order to NYSE ARCA.
  8. Robert Morse

    Why was the OPG strategy only done on NYSE?

    I don't have an opinion as to if that is the best time for you to enter a position, but I have two clients that trade a fair amount of volume on the open and close. It works for them and fits their day trading.
  9. Robert Morse

    Why was the OPG strategy only done on NYSE?

    NYSE ARCA is not an exchange, it is an ECN. There are no listed companies on NYSE ARCA. You should contact IB to find out what happens if you route there for the open or close.
  10. Robert Morse

    Why was the OPG strategy only done on NYSE?

    NASDAQ-Yes and Yes. http://www.nasdaqtrader.com/Trader.aspx?id=OpenClose Route all your open and close orders to the primary to get the open/close price, as I said before. Arca is not the primary as far as I know for any equity or ETF.
  11. Robert Morse

    Why was the OPG strategy only done on NYSE?

    You need to send your order to the primary exchange to get the open. On our Lightspeed Trading platfrom, when you tag an order OPEN or CLOSE, we route to the primary by default. You don't have to guess what the primary is. Bob
  12. Robert Morse

    DeepDiscountTrading

    The smaller FCMs can't handle much in overnight positions, because the CFTC require all FCMs to put up 8% of your margin with their own capital. Eg, your margin requirement is $100,000, you must put up $100,000 and the FCM must put up $8000. That is why many smaller FCM focus on day-traders.
  13. Robert Morse

    Lightspeed trading review

    For those that are wondering, I did not ask anyone to start this thread or say positive things. But, that you all. Bob
  14. Robert Morse

    Deep out of the money options pricing

    When this happens in the future, you should open a CHAT with trade support and ask them to look into it. No broker will guarantee you a fill. I don't know what went wrong, but in my experience, I have never seen a MM have the ability to move out of the way when an order comes in,if they are...
  15. Robert Morse

    How do I 'sell' an investment strategy?

    What does this mean. Have you traded your strategy with real money? How do you know it is profitable? How do you know what the sharp ratio is? You basically can't do anything meaningful with it until you have a verifiable track record. Bob
  16. Robert Morse

    margin account interest basic questions

    Your making this very complicated. Any debit balance you hold over night that is higher than your capital, means you are borrowing funds. BP is not relevant for interest. $50,000 in your account, any balance over $50K , you pay interest on each day you carry that including weekends and holidays.
  17. Robert Morse

    Options Trading on Lightspeed Trader-Free Webinar Wednesday, September 21st at 4:30pm ET

    The demo is tomorrow for anyone else still interested. Bob
  18. Robert Morse

    Options Trading on Lightspeed Trader-Free Webinar Wednesday, September 21st at 4:30pm ET

    No it does not. As far as I know, only WEX and Liquidpoint Blaze does that. We offer WEX.
  19. Robert Morse

    Lightspeed trading review

    Thank you...bob
  20. Robert Morse

    Deep out of the money options pricing

    -Are these equity, index or options on futures? -what trading platform are you using? I have never had that problem with any listed exchange. Bob
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